Rani Therapeutics’ $73M IPO will fund upcoming clinical trials

Rani Therapeutics, a San Jose-based company developing a pill to replace medical injections, went public on Friday.  According to S-1 filings, shares were estimated to price between $14 and $16 last week. On Friday, shares debuted slightly lower, around $11. Rani raised about $73 million in its debut. Rani’s debut comes amidst a flurry of Read More in TechCrunch

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Wireless charging firm Aira raises $12M

Founded in 2017, Arizona-based Aira didn’t waste any time proving out its technology. We’ve written about the company’s wireless charging a few times over the years, including the “FreePower” technology it has baked into Nomad’s charging pads, which brings a more streamlined version of the Apple’s abandoned AirPower. The tech allows for users to charge Read More in TechCrunch

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Revery gets $2M to improve mental health with mobile gaming techniques

In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life’s feast.” But like his titular character, many adults aren’t sleeping well. Revery wants to help with an app that combines cognitive behavioral therapy (CBT) for insomnia with mobile gaming concepts. Founded in March 2021, Revery is currently in beta stealth mode and plans to Read More in TechCrunch

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